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White House says frozen assets will ‘remain inaccessible’
White House spokesperson Jen Psaki said Monday that Afghanistan’s frozen assets, being held mostly by the United States, will “remain inaccessible” to the Islamic Emirate of Afghanistan (IEA).
Psaki’s comments came on the heels of Afghanistan’s Acting Foreign Minister Amir Khan Muttaqi’s appeal on Sunday for the US and western countries to release upward of $10 billion in funds that were frozen when the IEA took power on August 15.
Muttaqi told the Associated Press in an interview that sanctions against Afghanistan would “not have any benefit.”
White House spokesperson Jen Psaki meanwhile told reporters on Monday that there are a number of reasons why Afghanistan’s reserves remain inaccessible.
She said the issue is very complicated, and that the White House is “continually reviewing [the situation], thoughtfully, and in coordination with allies and partners.”
“But these are some important reasons. First and foremost, the status of the funds is the subject of ongoing litigation, brought by certain victims of 9/11 and other terrorist attacks to hold judgments against the Taliban (IEA). These legal proceedings cannot be disregarded and have led to the temporary suspension of any movement of the funds through at least the end of the year and quite possibly longer,” she said.
Second, Psaki went to say that the United States, so far, is uncertain how the reserve funds could be available to directly benefit the people of Afghanistan “while ensuring that the funds do not benefit the Taliban (IEA).”
Thirdly, she said the IEA remains sanctioned by the United States, and a number of Afghan officials “are subject to the UN- — UNSCR’s 1988 sanctions regime. This raiges [sic] — raises immediate red flags for many states’ central banks and the financial community more generally when considering any transactions.”
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Afghan and Iranian officials discuss expanding economic cooperation
Ahmad Jan Bilal, General Director of State-Owned Corporations, met on Tuesday with Iran’s Ambassador to Kabul, Ali Reza Bikdeli, to discuss expanding bilateral economic cooperation and following up on issues raised during his recent visit to Iran.
According to a statement from the General Directorate of State-Owned Companies, the meeting focused on reviewing ways to implement discussions held with Iranian officials during Bilal’s visit.
Bikdeli described the visit as positive and productive, stressing the importance of following up on the issues discussed and taking practical steps to advance bilateral cooperation.
He said Iran is ready to cooperate with Afghanistan in oil and gas exploration, extraction and exports, refinery construction, agriculture, water and electricity.
Bilal, for his part, said the Islamic Emirate is interested in expanding joint cooperation with Iran in energy, agriculture, industrial development and other economic sectors. He added that his office would work with the Iranian side to turn the proposed areas of cooperation into practical initiatives.
Bilal also reaffirmed his office’s commitment to following up on the issues discussed during his recent visit to Iran and working towards their implementation in coordination with Iranian officials.
Bilal recently visited Iran at the head of a delegation, holding talks with several Iranian officials on expanding economic, trade and investment ties, particularly in the state-owned companies sector.
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Ariana Airlines reduces Kabul–Islamabad–Kabul airfares by $20
Ariana Afghan Airlines announced on Tuesday a reduction in ticket prices for flights on the Kabul–Islamabad–Kabul route from $190 to $170.
According to the airline, passengers can now purchase tickets for this route at $20 less than the previous fare.
The airline has also set a special fare of $150 for students travelling on this route.
Ariana Afghan Airlines said the move aims to reduce travel costs and make air travel more affordable and accessible for passengers and students.
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Afghanistan and Russia discuss expanding economic ties and boosting bilateral trade
During the meeting, Muttaqi stressed that Afghanistan and Russia should expand economic cooperation based on shared interests and mutual benefits.
Afghanistan’s Foreign Minister Amir Khan Muttaqi has met with Zamir Kabulov, Russian President’s Special Representative for Afghanistan, to discuss strengthening bilateral relations, expanding economic cooperation and increasing trade between the two countries.
During the meeting, Muttaqi stressed that Afghanistan and Russia should expand economic cooperation based on shared interests and mutual benefits.
Kabulov, meanwhile, praised the Islamic Emirate’s efforts to combat drug trafficking and cultivation, saying reports by some international organisations on the issue do not reflect the realities on the ground.
Muttaqi reiterated that the Islamic Emirate remains committed to combating drug cultivation, production and trafficking, describing these efforts as important for the security and stability of both Afghanistan and the wider region.
The meeting comes amid continued efforts by Kabul and Moscow to strengthen diplomatic and economic engagement and explore opportunities for broader bilateral cooperation.
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